TEEX purchases property in College Station Business Park

12/11/2012 12:00 AM

COLLEGE STATION - The Texas A&M Engineering Extension Service (TEEX) has purchased a building in the College Station Business Park, where the agency has been leasing space since 2004. The 60,000-square-foot Gateway building sits on 1.15 acres and has 200 parking spaces.

“The purchase of the Gateway building ensures that we will have adequate facilities in the long term for one of the pre-eminent FEMA Task Force teams in the country,” said TEEX Director Gary Sera. "In addition, the location on Highway 6 is ideal for ease of access, and it is close to the TEEX headquarters building on Technology Way."

The purchase was approved by The Texas A&M University System Board of Regents and the Texas Higher Education Coordinating Board.

The $6.8 million price tag is much less than the cost of building a new facility, and based on rental fees, the cost will be recovered in just a few years, said Charley Todd, Associate Agency Director.

The agency will continue to utilize 43,000 square feet of office space and a large warehouse area of the building. The Texas A&M Engineering Experiment Station (TEES) plans to purchase Suite A, which includes an additional 17,000 square feet of offices, wet labs and cold storage units, Todd said.

About the Texas A&M Engineering Extension Service
World renowned for its hands-on, customized training, the Texas A&M Engineering Extension Service (TEEX) offers a wide range of technical and skills training programs aimed at employed workers and those entering the labor force. During its fiscal year 2012, TEEX provided training and technical assistance to more than 183,750 people from all 50 states, five U.S. territories, the District of Columbia and 79 countries. TEEX is a member of The Texas A&M University System, one of the largest systems of higher education in the nation, including a statewide network of 11 universities, seven state agencies and a comprehensive health science center.